The H1 chart for EURUSD reveals a distinct shift in market structure, transitioning from a strong bullish impulse to a sharp bearish correction. After an aggressive rally that peaked near the 1.14840 mark, the pair encountered significant selling...
Gold (XAUUSD) H4 Technical Analysis Market Structure Gold is showing a recovery structure on the H4 chart after a strong decline toward the 4257–4273 area. Price then formed a series of higher lows and pushed upward toward the 4394 region. The...
Based on the provided M5 chart for USDCAD, the current candle has an Open at 1.39902, High at 1.39913, Low at 1.39901, and Close at 1.39910. This is a very small bullish candle closing right at the key horizontal level of 1.39910. The chart shows a...
Wick Rejections in Forex Trading Wick rejection is an important price action concept that shows how the market reacts when price reaches a particular area and fails to remain there. Every candlestick contains information about the opening, closing,...
Order Block and Supply Zone: The Basic Idea Order Blocks and Supply Zones are two commonly discussed concepts in Smart Money Concepts (SMC) and price action trading. Although traders sometimes use the terms interchangeably, they describe different...
